UBS Group (NYSE:UBS) Stock Unloaded Rep. Mikie Sherrill

Representative Mikie Sherrill (D-New Jersey) recently sold shares of UBS Group AG NYSE: UBS. In a filing disclosed on March 10th, the Representative disclosed that they had sold between $250,001 and $500,000 in UBS Group stock on March 7th. The trade occurred in the Representative's "BROKERAGE 90126" account.

UBS Group Trading Down 1.6 %

Shares of UBS Group stock opened at $31.38 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. UBS Group AG has a 12-month low of $26.01 and a 12-month high of $35.84. The firm has a market capitalization of $100.60 billion, a price-to-earnings ratio of 20.64 and a beta of 1.15. The firm's 50 day simple moving average is $33.50 and its two-hundred day simple moving average is $32.02.

UBS Group (NYSE:UBS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.31 by ($0.08). UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The company had revenue of $11.06 billion for the quarter, compared to analyst estimates of $10.90 billion. During the same quarter in the previous year, the company posted ($0.09) EPS. The company's revenue for the quarter was up 1.9% compared to the same quarter last year. Analysts predict that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

The business also recently declared an annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.90 per share. This is a positive change from UBS Group's previous annual dividend of $0.23. The ex-dividend date is Wednesday, April 16th. This represents a yield of 2.1%. UBS Group's dividend payout ratio is presently 19.08%.

Wall Street Analyst Weigh In

Several analysts have recently commented on UBS shares. StockNews.com downgraded shares of UBS Group from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Morgan Stanley downgraded shares of UBS Group from an "overweight" rating to an "equal weight" rating in a report on Thursday, February 20th. Kepler Capital Markets raised shares of UBS Group from a "hold" rating to a "buy" rating in a report on Friday, January 10th. BNP Paribas raised shares of UBS Group from a "neutral" rating to an "outperform" rating in a report on Friday, January 3rd. Finally, Deutsche Bank Aktiengesellschaft raised shares of UBS Group from a "hold" rating to a "buy" rating in a report on Monday, February 10th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, UBS Group has a consensus rating of "Hold".

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Institutional Trading of UBS Group

A number of hedge funds have recently added to or reduced their stakes in the company. Timber Creek Capital Management LLC boosted its holdings in UBS Group by 0.3% during the fourth quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank's stock worth $3,566,000 after buying an additional 311 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in UBS Group by 0.5% during the fourth quarter. Integrated Wealth Concepts LLC now owns 65,889 shares of the bank's stock worth $1,998,000 after buying an additional 320 shares in the last quarter. Allworth Financial LP lifted its holdings in UBS Group by 6.4% during the fourth quarter. Allworth Financial LP now owns 5,528 shares of the bank's stock valued at $168,000 after purchasing an additional 334 shares in the last quarter. Independent Advisor Alliance lifted its holdings in UBS Group by 0.4% during the fourth quarter. Independent Advisor Alliance now owns 85,975 shares of the bank's stock valued at $2,607,000 after purchasing an additional 339 shares in the last quarter. Finally, Lindbrook Capital LLC lifted its holdings in UBS Group by 3.2% during the fourth quarter. Lindbrook Capital LLC now owns 11,247 shares of the bank's stock valued at $341,000 after purchasing an additional 345 shares in the last quarter.

About Representative Sherrill

Mikie Sherrill (Democratic Party) is a member of the U.S. House, representing New Jersey's 11th Congressional District. She assumed office on January 3, 2019. Her current term ends on January 3, 2027. Sherrill (Democratic Party) is running for election for Governor of New Jersey. She declared candidacy for the Democratic primary scheduled on June 10, 2025. Sherrill graduated from the United States Naval Academy in 1994 and served in the U.S. Navy for nine years as a lieutenant. In 2003, she obtained a master's degree in global history from the London School of Economics and Political Science. She received a law degree from Georgetown Law in 2007 and worked for three years in private practice with the firm of Kirkland & Ellis LLP. In 2012, Sherrill joined the U.S. Attorney's office for the District of New Jersey as outreach and reentry coordinator. In 2015, she was named Assistant U.S. Attorney for the District of New Jersey and served in that role for one year.

UBS Group Company Profile

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.

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